SocGen's Baader Says Will See U.S. Wage Growth Move Up

SocGen's Baader Says Will See U.S. Wage Growth Move Up

Assessment

Interactive Video

Business

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three possibilities mentioned regarding the persistent issue of weak inflation despite good growth?

The economy is booming, data is irrelevant, or inflation is at its peak.

The Phillips Curve is more relevant, data is accurate, or inflation is not a concern.

The economy is in a recession, data is perfect, or immediate action is required.

The Phillips Curve is outdated, data might be incorrect, or patience is needed.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the relationship described by the Phillips Curve?

Between inflation and interest rates.

Between unemployment and nominal wage growth.

Between GDP growth and inflation.

Between real wage growth and economic output.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the trend in real wage growth in the US during 2015 and 2016?

It was declining rapidly.

It was stagnant.

It was strong, around 1.5%.

It was negative.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted trend for wages in relation to inflation?

Wages will remain unchanged regardless of inflation.

Wages will decrease as inflation rises.

Wages will follow inflation upwards.

Wages will fall sharply as inflation stabilizes.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does technological innovation impact inflation according to the discussion?

It has no impact on inflation.

It increases inflation by raising production costs.

It stabilizes inflation by balancing supply and demand.

It squeezes retail margins, leading to lower inflation.